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 Forex Trading Corner V2

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hitokiri_maniac
post Jun 13 2008, 03:00 PM

Yes..No..Maybe..I Don't Know...
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the fibonacci retracement lines??i mean the fibo retrace and S&R lines?

i think both are powerful tools to open and exit strategy
low yat 82
post Jun 13 2008, 03:02 PM

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QUOTE(hitokiri_maniac @ Jun 13 2008, 02:50 PM)
anyone know collaboration between the pivot,resistance,support line and the fibonacci lines??
*
dunno.... never do research for so much stuff... tongue.gif


Added on June 13, 2008, 3:08 pm
QUOTE(mphpopular @ Jun 13 2008, 02:54 PM)
Ya, i found online as well. The creator only post the ex4 file so that people cant edit or steal the copyright and go sell it. Nvrmind. I thinking to cr8 one by myself. Learning slowly nw.

I got the mq4 by now. Trying to do the setting slowly.
http://codebase.mql4.com/en/3471
As i compare. I only manage to found that, their pivot lines is at the same point. Others not at same point.
*
yup... pivot points is d core of all lines... this line separate bulls n bears.... well, that is wat i read lar...

This post has been edited by low yat 82: Jun 13 2008, 03:08 PM
hitokiri_maniac
post Jun 13 2008, 03:08 PM

Yes..No..Maybe..I Don't Know...
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QUOTE(low yat 82 @ Jun 13 2008, 03:02 PM)
dunno.... never do research for so much stuff...  tongue.gif
*
i show u.. biggrin.gif

user posted image


if can figure it at least have higher chance to avoid loss...

from the chart..i concludes that

1) If sudden burst from pivot lines.. wait for second candle to confirm
2) See if there a news that time of current bust up of bar
3)It try to pass fibo lines and yet unsuccessful.. that it go slowly going up.. wait till it bar actually close higher than fibo lines.. then can get in..

sweat.gif sweat.gif

what im talking about???? rclxub.gif rclxub.gif .. it that most ppl called as price action movement???.. rclxub.gif

This post has been edited by hitokiri_maniac: Jun 13 2008, 03:14 PM
low yat 82
post Jun 13 2008, 03:21 PM

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QUOTE(hitokiri_maniac @ Jun 13 2008, 03:08 PM)
i show u.. biggrin.gif

user posted image
if can figure it at least have higher chance to avoid loss...

from the chart..i concludes that

1) If sudden burst from pivot lines.. wait for second candle to confirm
2) See if there a news that time of current bust up of bar
3)It try to pass fibo lines and yet unsuccessful.. that it go slowly going up.. wait till it bar actually close higher than fibo lines.. then can get in..

sweat.gif  sweat.gif

what im talking about???? rclxub.gif  rclxub.gif .. it that most ppl called as price action movement???.. rclxub.gif
*
cant see imageshack pic in office.. will look at it when im at home...


hmm... dunno... i still love tryin to spot reversal pattern.. risk is lower...
jebonen
post Jun 13 2008, 03:41 PM

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any 1 use small berry for Support and Resistance... i think, it much more easy to predict trend ... just wat i think.... he he
low yat 82
post Jun 13 2008, 03:48 PM

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QUOTE(jebonen @ Jun 13 2008, 03:41 PM)
any 1 use small berry for Support and Resistance... i think, it much more easy to predict trend ... just wat i think.... he he
*
wat is small berry?
normeck
post Jun 13 2008, 03:59 PM

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lowyat...u have been in FF or not?
low yat 82
post Jun 13 2008, 04:03 PM

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QUOTE(normeck @ Jun 13 2008, 03:59 PM)
lowyat...u have been in FF or not?
*
yup.... use d same nickname... usually onli go topic of UJ n gann analysis..
normeck
post Jun 13 2008, 04:10 PM

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aaaa...no wonder la...

till this moment




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low yat 82
post Jun 13 2008, 04:18 PM

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waa... nice profit oooo
small-jeff
post Jun 13 2008, 04:26 PM

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aah? lowyat, you got use Gann also? Have you tried using the Gann vertical retracement level?
jebonen
post Jun 13 2008, 04:58 PM

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QUOTE(low yat 82 @ Jun 13 2008, 03:48 PM)
wat is small berry?
*
support and resis indi i think..
mphpopular
post Jun 13 2008, 04:59 PM

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Currently all trade is closed.
But end up wif -0.6USD. I am damn sad.

Dunno what make the GJ such a big spike. Make me worry will it effect my EJ. Better quit all myEJ position. And The GJ have reach the position whereby i open my long trade. Worrying the GJ. I am so glad now finaly my GJ go to my breakeven point. Still figuring, i currently still not expecting the GJ to break over it. Juz see what will hapen.

This post has been edited by mphpopular: Jun 13 2008, 05:02 PM


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low yat 82
post Jun 13 2008, 05:19 PM

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QUOTE(small-jeff @ Jun 13 2008, 04:26 PM)
aah? lowyat, you got use Gann also? Have you tried using the Gann vertical retracement level?
*
no lar... jus try.. but mayb later.. need go through EW 1st...



btw, EU is currently tryin to break lowertrendline for d 2nd time... huuhhu... looks ddelicious oooo


currently ridin UJ..huuhuh


GJ n EJ bkful... i didnt trade GJ coz cant see clearly its movement.. its got something to do wit carry trade i think... so, sometimes it does follow UJ
mphpopular
post Jun 13 2008, 05:21 PM

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I juz closedmy GJ long trade at my breakeven. You know what i earn for the two days? interest 0.79 cent. Haha. I not really think it wil break by now as well. Since my few indicators tell me. No way for it to braeak.

If you are see ing GJ on short Tf. You can see how much our bull and bear is fighting for the resistance level. ONce it break. I shall considered long again. I too worry for this GJ. It is super hard to trade with. Scary.



This post has been edited by mphpopular: Jun 13 2008, 05:25 PM


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low yat 82
post Jun 13 2008, 05:24 PM

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QUOTE(mphpopular @ Jun 13 2008, 05:21 PM)
I juz closedmy GJ long trade at my breakeven. You know what i earn for the two days? interest 0.79 cent. Haha. I not really think it wil break by now as well. Since my few indicators tell me. No way for it to braeak
*
yar... i actually thought it will go down... but it move diffrent from UJ, so i jus cut loss..


Added on June 13, 2008, 5:25 pmgood ma... at least earn something tongue.gif

This post has been edited by low yat 82: Jun 13 2008, 05:25 PM
mphpopular
post Jun 13 2008, 05:28 PM

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If GJ continuous for 4 candle cant break it. Mean in 1H Tf. GJ also cant break it. We shall see bull will juz giv up and follow direct bear.
low yat 82
post Jun 13 2008, 05:28 PM

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wa.... miss d move for EU... so fast go down liao
mphpopular
post Jun 13 2008, 05:29 PM

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Holy S**t. EJ and GJ directly is terbalik direction. Terible. EJ i juz earn 15 pips.

GJ i not sure. It have tried the first attempt to breach the resistance. I shall doubt on bear? I not sure as well


Added on June 13, 2008, 5:32 pmGJ and EJ no more consolidation liao? GJ alrady choose bull? bear already choose EJ? Wao, i cant believe it. I shall wait and wait
t

This post has been edited by mphpopular: Jun 13 2008, 05:32 PM
small-jeff
post Jun 13 2008, 05:34 PM

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hm..maybe perhaps of the Monthly Report by BoJ. On EUR$, German CPI remains the same as previous and expected. The interesting thing to see tonight is on US$. US CPI is coming out tonight. With the mild effect of US Retail Sales last night, we should see stronger move on the CPI release.

good luck guys..

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